HomeMy WebLinkAboutResolution 2023-078 N.C.S. 06/05/2023 DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
Resolution No. 2023-078 N.C.S.
of the City of Petaluma, California
REGARDING RECEIPT AND FILING OF THE CITY TREASURER'S QUARTERLY REPORT
DATED DECEMBER 31, 2022
WHEREAS, the City of Petaluma Investment policy approved by the City Council pursuant to Resolution
no. 2022-103 N.C.S. adopted June 6, 2022 requires the City Treasurer to provide a quarterly investment report to
the City Council for compliance with the adopted City Investment Policy; and
WHEREAS, the City Treasurer has provided for City Council review a quarterly Treasurer's report dated
December 31, 2022; and
WHEREAS, this action is exempt from the requirements of the California Environmental Quality Act
(CEQA) in accordance with CEQA Guidelines Section 15378, as approving the City's investment policy does
not meet CEQA's definition of a"project,"because the action does not have the potential for resulting in either a
direct physical change in the environment or a reasonably foreseeable indirect physical change in the environment,
it is a fiscal activity which does not involve commitment to any specific project,and because the action constitutes
organizational or administrative activities of governments that will not result in direct or indirect physical changes
in the environment.
NOW, THEREFORE,BE IT RESOLVED, by the City Council of the City of Petaluma as follows:
1. Declares the above recitals to be true and correct and are incorporated into this resolution as findings
of the City Council.
2. The City Council has received and approves the City Treasurer's Quarterly Report dated December 31, 2022,
attached hereto as Exhibit A.
3. Finds that this action is exempt from the requirements of the California Environmental Quality Act (CEQA)
in accordance with CEQA Guidelines Section 15378,as approving the City's investment policy does not meet
CEQA's definition of a"project,"because the action does not have the potential for resulting in either a direct
physical change in the environment or a reasonably foreseeable indirect physical change in the environment,
it is a fiscal activity which does not involve commitment to any specific project, and because the action
constitutes organizational or administrative activities of governments that will not result in direct or indirect
physical changes in the environment.
4. The City Council directs the City Clerk to file the quarterly Treasurer's Report dated December 31, 2022, in
the official City records.
Resolution No. 2023-078 N.C.S. Page 1
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to
Council of the City of Petaluma at a Regular meeting on the 5'day of June 2023, DocusignedfWnl:
by the following vote:
ity Attorney
AYES: Mayor McDonnell,Vice Mayor Cader Thompson,Councilmembers Barnacle,
Healy,Nau,Pocekay,Shribbs
NOES: None
ABSENT: None
ABSTAIN: None
DocuSigned by: DocuSigned by:
ATTEST:
City C erk Mayor
Resolution No. 2023-078 N.C.S. Page 2
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
Exhibit A
City of Petaluma
Quarterly Investment Report
October 1 to December 31 , 2022
u
.� g58
This report is presented in accordance with the City's investment policy and the California
Government Code. The policy and Government Code requires the Treasurer to certify
that sufficient cash flow is available for the next six months to meet the expected demand
or provide an explanation as to why sufficient cash may not be available. The attached
report outlines the current investments, weighted average and yields of pooled investments.
The month end account statement of assets managed by Public Financial Management, LLC
(PFM),the Local Agency Investment Funds (LAIF)quarterly statement, and the City's
performance summary of portfolio investments as compared to applicable benchmarks
are included. The report also includes the Treasurer's certification of adequate cash flow.
We respectfully submit the quarterly investment report for the quarter ending December 31, 2022.
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
CITY OF PETALUMA, CALIFORNIA
CITY TREASURER'S QUARTERLY REPORT
For the quarter ending December 31, 2022
Cash activity, for the fiscal year:
Cash and Investments, Beginning of the quarter, 10/1/22 $ 197,264,343
Cash Receipts 68,104,666
Cash Disbursements (62,374,841)
Cash and Investments,End of the Onarter, 12/31/22 $ 202,994,168
Cash and Investment Portfolio at December 31, 2022
Percent
Fair Market Par Value of
Value* (Cost) Portfolio
Investments Managed by City Treasurer:
Local Agency Investment Funds (LAIF) 68,542,469 70,207,140 34.59%
CAMP Pool (CA Asset Management Prog) 46,238,680 46,238,680 22.78%
PFM Investments Securities ** 40,930,480 42,684,507 21.03%
Checking Accounts 23,657,406 23,657,406 11.65%
Subtotal 179,369,036 182,787,733 90.05%
Investments Managed by Fiscal Agents:
Trustee Money Market Accounts 20,206,435 20,206,435 9.95%
Subtotal 20,206,435 20,206,435 9.95%
Total Cash and Investments 199,575,471 202,994,168 100.00%
I certify that this report contains the total amounts of cash and investments at December 31, 2022
The investments are in conformity with the Investment Policy. A copy of the Investment Policy is
available for review in the Finance Department. The City Treasurer's cash management program provides
sufficient liquidity to meet expenditure requirements for the next six months.
We respectfully submit the quarterly investment report for the quarter ending December 31, 2022
Corey Garbe4tlil, Finance Director Dated
*Fair market values are furnished by the State of California, Local Agency Investment Fund and California Asset
Management Program.
** See detail attached
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
CITY OF PETALUMA,CALIFORNIA
CITI FREASI!RER'S QUARTERLY REPORT
For the quarter ending December31,2022
Ileginnilig End of
ImcNimcnk/Fin;inci:illnstitule ofOuarler Incren9e*A Decrease Quarter
Investureuts Alauagetl br C10,Treasurer:
LAW 69,605,444.02 236,841.74 69,842,285,76
LAW accrued interest 236,841.74 364,853.77 (236,841.74) 364,853.77
Sub-Total LAW 69,842,285.76 601,695.51 (236,841.74) 70,207,139.53
CAMP Pool-Treasurer's Investment Money Markel 48,577,182.17 4,135,490.79 (6,473,992.69) 46,238,680.27
Sub-Total CAMP Pool Managed Account 48,577,182.17 4,135,490,79 (6,473,992.69) 46,238,680.27
Federal Agency Bonds/Discount Notes 9,493,876.79 529,474,12 (1,427,350.28) 8,596,000.63
Fed Agency accnied interest 16,481.94 37,036.52 (32,092,67) 21,425.79
US Treasury Bonds/Notes 30,279,987.35 5,272,024.41 (1,573,831.06) 33,978,180,70
US Treasury accrued interest 62.782.69 90,933.35 (64,816.16) 88,899.88
Sub-Total PFNI Securities Managed Account wx 39,853,128.77 5,929,468.40 (3,098,090.17) 42,684,507.00
Subtotal 158,272,596.70 10,666,654.70 (9,808,924.60) 159,130,326.80
Checking Accounts:
Exchange-General Operating 16,287,967.34 43,803,553.87 (39.619,320.41) 20,472,200.90
Exchange-Payroll 2,552,959,72 8,400,000.00 (7,848,340.33) 3,104,619.39
Exchange-Savings
Thomas Lee Charity Trust 1,277.38 - (1,277.38)
Policc"rnist 80,539.08 46.81 80,585.89
Sub-Total Checking Accounts 18,922,743.52 52,203,600.68 (47,468,938.12) 23,657,406.08
Total Cash and Investments Managed by the City Treasurer 177,195,340.22 62,870,255.38 (57,277,862.72) 182,787,732.88
lavestatents Alauaged by Trustees nccal Agents:
Bank of New York 20,060,962.18 1,932,364.03 (1,795,518.76) 20,197,907.45
US Bank First American Treas 8,040.77 3,302,046.75 (3,301,459.63) 8,627.89
Sub-Total Trustees Money Market Account 20,069,002.95 5,234,410.78 (5,0%,978.39) 20,206,435.34
Total Cash and Investments Managed by Fiscal Agents 20,069,002.95 5,234,410.78 (5,096,978.39) 20,206,435.34
TOTAI.CASH AND INVESTMENTS 197,264,343.17 68,104,666.16 (62,374,841.11) 202,994,168.22
••See detail aunched Accrued interest (475,179A4)
General Ledger 202,518,988.78
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
City of Petaluma, California
Cash/Investment by Type - December 31, 2022
Total Cash/Investments $ 20299949168
Cash
23,657,406
11.65%
LAW
70,207,140
34.59%
CA Pool Asset Mgmt Prog
46,238,680
22.78%
CAMP Investments
42,684,507 Fiscal Agents
21.03% 20,206,435
9.95%
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
CITY OF PETALUMA,CALIFORNIA
CITY TREASURER'S QUARTERLY REPORT
For the quarter ending December 31,2022
Cost vs. Fair Market Value
Unrealized
Cost FV Gain/(Loss)
US Treasury Bond/Note 33,978,180.70 32,570,612.17 (1,407,568.53)
Federal Agency Bond/Discount Note 8,596,000.63 8,359,868.32 (236,132.31)
Corporate Note - - -
Certificate of Deposit - - -
Sub-Total PFM Treasurer's Invest.Securities 42,574,181.33 40,930,480.49 (1,643,700.84)
CAMP Pool Money Market Fund 46,238,680.27 46,238,680.27 -
Sub-Total CAMP Treasurer's Investments 88,812,861.60 87,169,160.76 (1,643,700.84)
Accrued Interest 110,325.67
CAMP Total Investment Managed Securities Held** $7,279,486.43
LAIF 69,842,285.76 68,542,469.00 (1,299,816.76)
LAIF amortized cost rate 0,98138925800
** See detail attached
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
('ity of Petaluma Performance Summaries
Returns as of BAML 1-3 Year Treasury
December 31, 2022 City of Petaluma Index
Past Quarter 0.67% 0.74%
Past 6 Months -0.70% -0.84%
Past Year -3.35% -3.65%
Past 3 Years -0.23% -0.41%
Past 5 Years 0.89% 0 77%
Yield to Maturity 1.45% -
Notes:
I. ICE Bank of America Merrill Lynch(BAML)Indices provided by Bloomberg Financial Markets,
2. CAMP Cash Reserve Pool holdings excluded from performance and yield calculations.
3. Performance numbers for periods greater than one year are presented on an annualized basis.
4. Yield for the City is calculated as the average of the quarter's three-month end Yield to Maturity at
Cost.
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
413/23,5:41 PM Untitled Page
soup.
MALIA M. COHEN
California State Controller
LOCAL AGENCY INVESTMENT FUND
REMITTANCE ADVICE
Agency Name PETALUMA
Account Number 98-49-650
As of 01/13/2023, your Local Agency Investment Fund account has been directly credited
with the interest earned on your deposits for the quarter ending 12/31/2022.
Earnings Ratio .00005680946709337
Interest Rate 2.07%
Dollar Day Total $ 6,422,411,347.30
Quarter End Principal Balance $ 69,842,285.76
Quarterly Interest Earned $ 364,853.77
littps://Iaif.sco.ca.gov/Result.aspx 1/1
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
oa���NvrsT,y�Fyl State of California
Pooled Money Investment Account
uQ, n
a
o c
Market Valuation
12/31/2022
Carrying Cost Plus
Description Accrued Interest Purch. Amortized Cost Fair Value Accrued Interest
United States Treasury:
Bills $ 35,572,298,376.73 $ 35,896,965,984.48 $ 35,813,625,000.00 NA
Notes $ 96,336,543,012.97 $ 96,327,058,254.86 $ 93,171,299,000.00 $ 287,620,426.50
Federal Agency:
SBA $ 338,889,007.89 $ 338,889,007.89 $ 338,773 080.09 $ 1,004,954.08
MBS-REMICs $ 3,465,697.68 $ 3,465,697.68 $ 3,425,155.69 $ 15,470.20
Debentures $ 9,096,582,571.99 $ 9,096,520,766.45 $ 8,886,499,200.00 $ 26,924,215.25
Debentures FIR $ - $ - $ - $ -
Debentures CL $ 2,900,000,000.00 $ 2,900,000,000.00 $ 2,833,516,000.00 $ 26,791,810.50
Discount Notes $ 25,325,736,041.68 $ 25,562,614,902.86 $ 25,510,373,000.00 NA
Su ranational Debentures $ 2,426,390,203.78 $ 2,425,759,648.22 $ 2,338,151,100.00 $ 7,37( ,511. Cl
Su ranational Debentures FIR $ - $ $ - $
CDs and YCDs FIR $ - $ - $ - $
Bank Notes $ 100,000,000.00 $ 100,000,000.00 $ 99,990,832.29 $ 1,541,666.67
CDs and YCDs $ 12,400,000,000.00 $ 12,400,000,000.00 $ 12,382,893,375.51 $ 124,083,166.66
Commercial Paper $ 7,895,772,944.44 $ 7,975,413,013.94 $ 7,970,181,986.08 NA
Corporate:
Bonds FIR $ - $ - $ - $ -
Bonds $ 530,321,150.56 $ 530,164,414.45 $ 503,140,960.00 $ 4,279,027.65
Repurchase Agreements $ - $ - $ - $
Reverse Repurchase $ - $ - $ - $ -
Time Deposits $ 5,144,000,000.00 $ 5,144,000,000.00 $ 5,144,000,000.00 NA
PMIA&GF Loans $ 376,811,000.00 $ 376,811,000.00 $ 376,811,000.00 NA
TOTAL $ 198,446,810,007.72 $ 199,077,662,690.83 $ 195,372,679,689.66 $ 479,637,279.01
Fair Value Including Accrued Interest $ 195,852,316,968.67
Repurchase Agreements,Time Deposits, PMIA&General Fund loans,and
Reverse Repurchase agreements are carried at portfolio book value(carrying cost).
The value of each participating dollar equals the fair value divided by the amortized cost(0.981389258).
As an example: if an agency has an account balance of$20,000,000.00,then the agency would report its
participation in the LAIF valued at$19.627,785.16 or$20,000,000.00 x 0.981389258.
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
Managed Account Detail of Securities Held For the Month Ending December 31,2022
City of Petaluma - TREASURER'S INVESTMENTS - 531-00 - (12511505)
Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market
Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value
U.S.Treasury :.
US TREASURY NOTES 91282CAF8 425.000.00 AA+ Aaa 02/17/21 02/17/21 424,684.57 0.15 200.66 424,921.58 41376.88
DTD 08/15/2020 0.125%08/15/2023
US TREASURY NOTES 91282CDA6 1,250,000.00 AA+ Aaa 10/01/21 10/06/21 1,249.316.41 0.28 798.42 1,249,743.18 1,208,984.38
DTD 09/30/2021 0.250%09/30/2023
US TREASURY N/B NOTES 91282CDDO 1,850,000.00 AA+ Aaa 11/01/21 11/03/21 1,844,652.34 0.52 1,188.19 1,847,771.20 1,783,515.63
DTD 10/31/2021 0.375%10/31/2023
US TREASURY NOTES 91282CAW1 525,000.00 AA+ Aaa 12/01/20 12/03/20 525,492.19 0.22 170.41 525.145.33 504.820.31
DTD 11/15/2020 0.250%11/15/2023
US TREASURY NIB NOTES 91282CDMO 750,000.00 AA+ Aaa 12/03/21 12/03/21 748,066.41 0.63 329.67 749,114.33 721,523.40
DTD 11/30/2021 0.5000/a 11/30/2023
US TREASURY NOTES 91282CBA8 503,000.00 AA+ Aaa 04/29/21 04/30/21 501,035.16 0.27 29.36 502,287.00 481.779.69
DTD 12/15/2020 0.125%12/15/2023
US TREASURY NOTES 91282CBA8 1,100,000.00 AA+ Aaa 01/06/21 01/07/21 1,097,378,91 0.21 64.22 1,099,149.12 1.053,593.75
DTD 12/15/2020 0.125%12/15/2023
US TREASURY NOTES 91282CBEO 2,000,000.00 AA+ Aaa 02/02/21 02/03/21 1,996,796.88 0.18 1,1S4.89 1,998,871.76 1,906,875.00
DTD 01/15/20210.125%01/15/2024
US TREASURY NOTES 91282CBM2 600,000.00 AA+ Aaa 03/05/21 03/05/21 596,742.19 0.31 283.29 598,759.79 570.000.00
DTD 02/15/2021 0.125%02/15/2024
US TREASURY NOTES 912828)(70 1,025.000.00 AA+ Aaa 04/01/21 04/05/21 1,075,889.65 0.37 3,511.05 1,047.017.38 988,964.90
DTD 05/01/2017 2.000%04/30/2024
US TREASURY NIB NOTES 91282CCG4 1,100,000.00 AA+ Aaa 07/01/21 07/07/21 1,092,867.19 0.47 128.43 1,096,473.44 1,032,453.18
DTD 06/15/20210.250%06/15/2024
US TREASURY NIB NOTES 91282CCL3 600,000.00 AA+ Aaa 08/04/21 08/06/21 600.703.13 0.33 1,039.40 600,367.28 561,937.50
DTD 07/15/20210.375%07/15/2024
US TREASURY NIB NOTES 91282CCL3 925,000.00 AA+ Aaa 08/09/21 08/10/21 924,458.01 0.40 1,602.41 924,715.84 966,320.31
DTD 07/15/2021 0.375%07/15/2024
US TREASURY NOTES 912828D56 1,000.000.00 AA+ Aaa 10/05/22 10/06/22 966,914.06 4.24 8,970.79 971,153.35 964,843.80
DTD 08/15/2014 2.375%08/15/2024
PFM Asset Management LLC Account 531-00 Page 5
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
Managed Account Detail of Securities Held For the Month Ending December 31, 2O22
City of Petaluma - TREASURER`S INVESTMENTS - 531-00 - (12511505)
Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market
Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value
U.S.Treasury Bond/Note
US TREASURY N/B NOTES 91282CCT6 1.500.000.00 AA+ Aaa 091OV21 09/03/21 1,498,359.38 0.41 2.124.66 1,499,098.19 1,401.328.20
DTD 08/15/2021 0.375%08/15/2024
US TREASURY NIB NOTES 91282CCX7 350,000.00 AA+ Aaa 09/23/21 09/24/21 348,578.13 0.51 391.57 349.185.07 326,101.58
DTD 09/15/2021 0.375%09/15/2024
US TREASURY N/B NOTES 91282CCX7 1,000,000.00 AA+ Aaa 10/01/21 10/06/21 995,937.50 0.51 1.118.79 997,645.64 931,718.80
DTD 09/15/2021 0.375%09/15/2024
US TREASURY NOTES 912828YM6 1,000.000.00 AA+ Aaa 05/04/21 05/06/21 1,036,523.44 0.44 2,569.06 1,019,179.11 947,187.50
DTD 10/31/2019 1.500%10/31/2024
US TREASURY N/B NOTES 91282CDH1 925,000.00 AA+ Aaa 12JO1121 12/03/21 921.639.65 0.88 900.73 922.867.83 863,429.69
DTD 11/15/2021 0.750%11/15/2024
US TREASURY NOTES 912828YV6 1,500,000.00 AA+ Aaa 06/02/21 06/07/21 1.555,664.06 0.42 1.978,02 1,530,588.98 1,419,140.70
DTD 11/30/2019 1.500%11/30/2024
US TREASURY N/B NOTES 91282CDN8 850,000.00 AA+ Aaa 01/03/22 01/05/22 849,169.92 1.03 396.98 849,448.67 795.281.25
DTD 12/15/2021 1.000%12/15/2024
US TREASURY N/B NOTES 91282CDS7 1.000.000.00 AA+ Aaa 02/01/22 02/03/22 992.343.75 1.39 5,197.01 994,703.89 935.468.80
DTD O1/15/2022 1.125%O1/15/202S
US TREASURY N/B NOTES 91282CDZ1 575,000.00 AA+ Aaa 03/03/22 03/04/22 572,169.92 1.67 3.257.81 572.964.65 541,039.06
DTD 02/15/202-2 1.500%02/15/2025
US TREASURY N/B NOTES 91282CDZ1 1.000,000.00 AA+ Aaa 02/10/22 02/15/22 991,757.81 1.78 5,665.76 994,164.29 940,937.50
DTD 02/1512022 1.500%02/15/2025
US TREASURY NOTES 912828ZL7 1,000.000.00 AA+ Aaa 04/01/22 04/05/22 933,398.44 2.65 642.26 949,499.26 912,500.00
DTD 04/30/2020 0.375%04/30/2025
US TREASURY NOTES 912828ZL7 1,500.000.00 AA+ Aaa 05/02/22 05/04/22 1,390,781.25 2.94 963.40 1,414,985.41 1.368,750.00
DTD 04130,12020 0.375%04/30/2025
US TREASURY N/B NOTES 91282CEU1 1,000,000.00 AA+ Aaa 06/09/22 06/15/22 996.445.31 3.00 1.342.72 997,093.98 966.093.80
DTD 06/15/2022 2.875%06/15/2025
US TREASURY NOTES 912828ZW3 2,000,000.00 AA+ Aaa 06/O1/22 06/03/22 1,846,250.00 2.88 13.81 1,875,274.93 1,811,250.00
DTD 06/30/2020 0.250%06/30/2025
PFM Asset Management LLC Account 531-00 Page 6
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
Managed Account Detail of Securities Held For the Month Ending December 31,2022
City of Petaluma - TREASURER'S INVESTMENTS - 531-00 - (12511505)
Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market
Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value
U.S.Treasury Bond/ Note I
US TREASURY N/13 NOTES 91282CEY3 1.100,000.00 AA+ Aaa 08/02/22 08/03/22 1,099,054.69 3.03 15244.57 1,099.187.23 1,065,281.25
DTD 07/15/2022 3.000%07/15/2025
US TREASURY N/B NOTES 91282CFK2 575,000.00 AA+ Aaa 10/06/22 10/07/22 562,848.63 4.27 6.004.14 563.821.64 563,320.31
DTD 09/15/2022 3.500%09/15/2025
US TREASURY N/B NOTES 91282CFW6 1,500,000.00 AA+ Aaa 12/16/22 12/16/22 1,519,746.09 4.02 8,763.81 1,519,449.44 1,509,375.00
DTD 11/15/2022 4.500%11/15/2025
US TREASURY N/B NOTES 91282CFW6 2.200.000.00 AA+ Aaa 12/06/22 12/08/22 2,222.515.63 4.13 12,853.59 2,222,012.02 2,213.750.00
DTD 1'1/152022 4.500%11/15/2025
Security Type Sub-Total 34,228,000.00 33,978,180.70 1.S8 88,899.88 34,006,660.81 32,570,612.17
Federal Agency Commercial Mortgage-Backed Security
FHMS K038 Al 3137BBBC3 432.33 AA+ Aaa 11/20/18 11/26/18 426.18 2.92 0.94 431.38 432.33
DTD 06/01/2014 2.604%10/01/2023
FHMS K724 A2 3137BTU25 115.793.86 AA+ Aaa 03/03/20 03/06/20 122,130.85 1.52 295.47 117,236.89 114,340.24
DTD 01/01/2017 3.062%11/01/2023
FHMS K724 A2 3137STIJ25 115,793.86 AA+ Aaa 01/28/21 02/02/21 123,618.99 0.58 295.47 118.167.95 114,340.23
DTD 01/01/2017 3.062%11/01/2023
FHMS K039 A2 313713DCW4 325.000.00 AA+ Aaa 08/31/22 09/06/22 322.092.77 3.81 894.56 322,605.04 317.712.64
DTD 09/01/2014 3.303%07/01/2024
FHLMC MULTIFAMILY STRUCTURED POOL 3137FBTA4 365,477.24 AA+ Aaa 05/25/22 05/31/22 365.962.64 3.00 933.19 365,831.04 356.896.62
DTD 11/01/2017 3.064%08/01/2024
FHMS K041 A2 31378FE98 165.000.00 AA+ Aaa IV08/22 1V14/22 158,954.30 5.22 436.01 158.9S4.30 160,250.46
DTD 12/16/2014 3.171%10/01/2024
FHMS K130 Al 3137FUZN7 8,362.82 AA+ Aaa 07/23/20 07/30/20 8,362.65 0.53 3.67 8,362.74 8,362.82
DTD 07/01/2020 0.526%01/01/2025
FHMS K045 A2 3137BHX]1 182.506.43 AA+ Aaa 10/07/22 10/13/22 176.034.76 4.71 459.76 176,673.15 176.640.10
DTD 05/01/2015 3.023%01/01/2025
FHMS K045 A2 3137BHX01 319,386.27 AA+ Aaa 07/13/22 07/18/22 315.543.65 3.54 804.59 316,258.26 309,120.17
DTD 05/01/2015 3.023%01/01/2025
PFM Asset Management LLC Account 531-00 Page 7
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
- For the Month Ending December 31, 2022
Managed Account Detail of Securities Held 9
City of Petaluma -TREASURER'S INVESTMENTS - 531-00 - (12511505)
Sewrity Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market
Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value
Federal Agency Commercial Mortgage-Backed Security
FHMS K046 A2 3137BJP64 350,000.00 AA+ Aaa 08/03/22 08/08/22 347,388.67 3.51 934.79 347,388.67 338A14.30
DTD 06/17/2015 3.205%0310112025
FHMS K047 A2 3137BKRJ1 375,000.00 AA+ Aaa 05/19/22 05/24/22 377,402.34 3.10 1,040.31 377,402.34 363,067.64
DTD 07/30/2015 3.329%05/01/2025
FHMS K132 Al 3137F72U8 21.598.16 AA+ Aaa 11/18/20 11/30/20 21,598.06 0.52 9.29 21,598.11 20.679.42
DTD 11/01/2020 0.516%06/01/2025
FHMS K048 A2 3137BLAC2 200,000.00 AA+ Aaa 10/05/22 10/11/22 193.882.81 4.52 547.33 193,882.81 193,420.64
DTD 09/24/2015 3.284%06/01/2025
FHMS K053 A2 31376N6G4 375,000.00 AA+ Aaa 08/04/22 08/09/22 370,678.71 3.36 935.94 370,678.71 358,520.63
DTD 03/29/2016 2.995%12/01/2025
FNA 2016-M3 A2 3136ARTES 303.824.22 AA+ Aaa 08/31/22 09/06/22 293.534.55 3.76 684.11 293,534.55 287,707.52
DTD 03/31/2016 2.702%02/01/2026
Security Type Sub-Total 3,223,175.18 3,197,611.93 3.45 8,275.43 3,189,005.94 3,119,905.76
ObligationFederal Agency Collateralized Mortgage
FHLMC MULTIFAMILY STRUCTURED P 3137BEVH4 325,000.00 AA- Aaa 08/31/22 09/06/22 321.470.70 3.81 877.77 322.039.47 316,424.62
DTD 11/01/2014 3.241%09/01/2024
Security Type Sub-Total 325,000.00 321,470.70 3.81 877.77 322,039.47 316,424.62
Federal Agency Bond/ Note
FANNIE MAE NOTES 3135G05G4 225,000.00 AA+ Aaa 10/07/20 10!08/20 224.919.00 0.26 267.19 224,984.69 219,773.25
DTD 07/10/2020 0.250%07/10/2023
FANNIE MAE NOTES 3135G05G4 270,000.00 AA- Aaa 10/02/20 10/06/20 270,140.40 0.23 320.62 270,026.49 263,727.90
DTD 07/10/2020 0.250%07/10/2023
FANNIE MAE NOTES(CALLABLE) 3135GOSRO 425.000.60 AA+ Aaa 08/11/20 08/12/20 424,235.00 0.36 49938 424,845.32 413,449.78
DTD 08/10/2020 0.300%08/10/2023
FREDDIE MAC NOTES 3137EAEV7 490,000.00 AA+ Aaa 08/19/20 08/21/20 489.500.20 0.28 432.15 489,893.03 475,829.69
DTD 08/21/2020 0.250%08/24/2023
PFM Asset Management LLC Account 531-00 Page 8
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
Managed Account Detail of Securities Held For the Month Ending December 31, 2022
City of Petaluma -TREASURER'S INVESTMENTS - 531-00 - (12511505)
Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market
Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value
Federal Agency Bond/ Note I
FREDDIE MAC NOTES 3137EAEW5 200.000.00 AA+ Aaa 10/07/20 10/08/20 199.936.00 0.26 156.94 199.984.98 193,858.40
DTD 09/04/2020 0.250%09/08/2023
FREDDIE MAC NOTES 3137EAEW5 215.000.00 AA+ Aaa 09/02/20 09/04/20 215.039.26 0.24 168.71 215.008.93 208,397.78
DTD 09/04/2020 0.250%09/08/2023
FREDDIE MAC NOTES 3137EAEW5 335.000.00 AA+ Aaa 09/02/20 09/04/20 334,889.45 0.26 262.88 334,974.85 324,712.82
DTD 09/04/2020 0.250%09/08/2023
FREDDIE MAC NOTES 3137EAEWS 500,000.00 AA+ Aaa 10/02/20 10/06/20 500,330.00 0.23 392.36 500.077.32 484,646.00
DTD 09/04/2020 0.250%09/0812023
FANNIE MAE NOTES 3135G06H1 485.000.00 AA+ Aaa 11/23/20 11/25/20 484.447.10 0.29 114.51 484,833.68 465.204.73
DTD 11/25/2020 0.250%11/27/2023
FREDDIE MAC NOTES 3137EAFA2 450,000.00 AA+ Aaa 12/02/20 12/04/20 449.554.50 0.28 84.38 449,862.89 431,245.80
DTD 12/04/2020 0.250%12/04/2023
FFCS NOTES 3133EMRZ7 340.000.00 AA+ Aaa 02/22/21 02/26/21 339,877.60 0.26 295.14 339.952.94 322,850.06
DTD 02/26/2021 0.2-50%02/26/2024
FEDERAL HOME LOAN BANK NOTES 3130AP081 600,000.00 AA+ Aaa 08/05/22 08/0922 569.049.49 3.40 883.33 574,509.13 560.940.00
(CALLABLE)
DTD 11/08/2021 1.0000/a 1110812024
FREDDIE MAC NOTES(CALLABLE) 3134GXM35 575,000.00 AA+ Aaa 07/29/22 08/05/22 575,000.00 3.60 6,395.00 57S,000.00 558.901.73
DTD 08/05/2022 3.600%08/01/2025
Security Type Sub-Total 5,110,000.00 5,076,918.00 1.01 12,272.59 5,083,954.25 4,923,537.94
Managed Account Sub-Total 42,886,175.18 42,574,181.33 1.67 110,325.67 42,601,660.47 40,930,480.49
3oint Powers Authority
CAMP Pool 46,238,680.27 AAAm NR 46.238.680.27 0.00 46,238,680.27 46,238,680.27
Liquid Sub-Total 46,238,680.27 46,238,680.27 0.00 46,238,680.27 46,238,680.27
PFM Asset Management LLC Account 531-00 Pace 9
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
C111 111 III , Managed Account Detail of Securities Held For the Month Ending December 31, 2022
City of Petaluma -TREASURER'S INVESTMENTS - 531-00 - (12511505)
Securities Sub-Total $89,124,855.45 $88,812,861.60 1.67% $110,325.67 S88,840,340.74 $87,169,160.76
Accrued Interest s110,325.67
Total Investments 587,279,486.43
PFM Asset Management LLC AccoLn'531-00 Pace 10
DocuSign Envelope ID:527B540E-AC34-435E-B155-6851AB611960
cwi
Account Statement For the Month Ending December 31, 2022
City of Petaluma -TREASURER'S INVESTMENTS - 531-00
Trade Settlement Share or Dollar Amount Total
Date Date Transaction Descri lion Unit Price of Transaction Shares Owned
CAMP ..
12/27/22 12/27/22 Purchase-Principal 3137BBBC3 1.00 2,693.36 46,045,813.77
12/27/22 12/27/22 Purchase-Principal 3136ARTE8 1.00 12,061.12 46,057,874.89
12/27/22 12/27/22 Purchase-Principal 3136AEGQ4 1.00 6,956.23 46,064,831.12
12/27/22 12/27/22 Purchase-Principal 3136AEGQ4 1.00 5,319.47 46,070,150.59
12/27/22 12/27/22 Redemption- Reversal of Interest 3137BTU25 from 12/25/2022 1.00 (591.77) 46,069,558.82
12/30!22 01/03/23 Accrual Income Div Reinvestment-Distributions 1.00 169,121.45 46,238,680.27
Closing Balance 46,238,680.27
Month of Fiscal YTD
December January-December
Opening Balance 47,129,168.28 40,092,471.04 Closing Balance 46,238,680.27
Purchases 2,867,762.10 26,627,945.29 Average Monthly Balance 46,287,474.10
Redemptions(Excl. Checks) (3,758,250.11) (20,481,736.06) Monthly Distribution Yield 4.30%
Check Disbursements 0.00 0.00
Closing Balance 46,238,680.27 46,238,680.27
Cash Dividends and Income 169,121.45 809,950.59
PFM Asset Management LLC Account 531-00 Page 21